GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » M3 Inc (FRA:4YC) » Definitions » Cyclically Adjusted Price-to-FCF

M3 (FRA:4YC) Cyclically Adjusted Price-to-FCF : 35.19 (As of Jun. 06, 2024)


View and export this data going back to 2022. Start your Free Trial

What is M3 Cyclically Adjusted Price-to-FCF?

As of today (2024-06-06), M3's current share price is €9.50. M3's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.27. M3's Cyclically Adjusted Price-to-FCF for today is 35.19.

The historical rank and industry rank for M3's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

FRA:4YC' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 34.11   Med: 154.25   Max: 498.82
Current: 34.11

During the past years, M3's highest Cyclically Adjusted Price-to-FCF was 498.82. The lowest was 34.11. And the median was 154.25.

FRA:4YC's Cyclically Adjusted Price-to-FCF is ranked worse than
61.36% of 176 companies
in the Healthcare Providers & Services industry
Industry Median: 23.74 vs FRA:4YC: 34.11

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

M3's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.204. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is €0.27 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


M3 Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for M3's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

M3 Cyclically Adjusted Price-to-FCF Chart

M3 Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 182.07 321.35 147.75 87.74 47.96

M3 Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 87.74 79.51 66.32 55.70 47.96

Competitive Comparison of M3's Cyclically Adjusted Price-to-FCF

For the Health Information Services subindustry, M3's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


M3's Cyclically Adjusted Price-to-FCF Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, M3's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where M3's Cyclically Adjusted Price-to-FCF falls into.



M3 Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

M3's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=9.50/0.27
=35.19

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

M3's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, M3's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.204/107.2000*107.2000
=0.204

Current CPI (Mar. 2024) = 107.2000.

M3 Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.009 98.000 0.010
201409 0.029 98.500 0.032
201412 0.012 97.900 0.013
201503 0.049 97.900 0.054
201506 0.005 98.400 0.005
201509 0.041 98.500 0.045
201512 0.017 98.100 0.019
201603 0.072 97.900 0.079
201606 0.026 98.100 0.028
201609 0.061 98.000 0.067
201612 0.023 98.400 0.025
201703 0.096 98.100 0.105
201706 0.035 98.500 0.038
201709 0.054 98.800 0.059
201712 -0.002 99.400 -0.002
201803 0.080 99.200 0.086
201806 0.032 99.200 0.035
201809 0.063 99.900 0.068
201812 -0.032 99.700 -0.034
201903 0.135 99.700 0.145
201906 0.051 99.800 0.055
201909 0.067 100.100 0.072
201912 0.040 100.500 0.043
202003 0.137 100.300 0.146
202006 0.081 99.900 0.087
202009 0.126 99.900 0.135
202012 0.115 99.300 0.124
202103 0.199 99.900 0.214
202106 0.084 99.500 0.091
202109 0.109 100.100 0.117
202112 0.132 100.100 0.141
202203 0.228 101.100 0.242
202206 0.086 101.800 0.091
202209 0.152 103.100 0.158
202212 0.069 104.100 0.071
202303 0.205 104.400 0.210
202306 0.083 105.200 0.085
202309 0.120 106.200 0.121
202312 0.063 106.800 0.063
202403 0.204 107.200 0.204

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


M3  (FRA:4YC) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


M3 Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of M3's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


M3 (FRA:4YC) Business Description

Traded in Other Exchanges
Address
Akasaka Intercity 10th floor, 1-11-44 Akasaka, Minato-ku, Tokyo, JPN, 105-0012
M3, Inc. is a Japan-based company engaged in providing medical-related services through the use of the Internet. It also supports marketing of pharmaceutical companies and medical equipment manufacturers. The company's business segment includes, Medical Portal segment, Evidence Solution segment, Overseas segment, Clinical Platform segment, Sales Platform segment, and Others. The company generates the majority of its revenue from Medical Portal segment.

M3 (FRA:4YC) Headlines

No Headlines